NEW YORK-- The Energy Department is expected to report on Thursday that the nation's natural gas supplies grew by 93 billion to 97 billion cubic feet in the week ended May 10, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.
NEW YORK-- The Energy Department is expected to report on Thursday that the nation's natural gas supplies grew by 86 billion to 90 billion cubic feet in the week ended May 3, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.
After blowing through minor support at the 20- day and 40- day moving averages over the last week, chart traders said Tuesday's weak close broke support in the $3.94 per mmBtu area, the 38.2 percent Fibonacci retracement of the move up from the February low of $3.125 to last week's high of $4.444.
NEW YORK, May 7- U.S. natural gas futures lost ground on Tuesday for a second straight day, with moderating weather forecasts and tapering demand driving the front-month contract to a test of key technical support.
*Front month well below recent 21- month high. NEW YORK, May 7- U.S. natural gas futures sank to their lowest level in just over a month on Tuesday, pressured by forecasts calling for moderating temperatures over the coming days and weeks.
*Front month well below recent 21- month high. NEW YORK, May 7- U.S. natural gas futures sank to their lowest level in just over a month on Tuesday, pressured by forecasts calling for moderating temperatures over the next few weeks. As of 9:12 a.m. EDT, front-month June natural gas futures on the New York Mercantile Exchange.